Palmetto Bay

8500 SW 182nd Terrace, Palmetto Bay FL 33157

5 beds · 3 baths · 3,701 ft²

Closed

$1,995,000

16.88%

Est. Payment $10,618/mo

MLS Sheet Video

5

Bedrooms

3

Bathrooms

3,701

Sq. Ft.

2002

Year Built

3

Garage

1

Stories

135

Days on Market

Description

Opportunity awaits & Priced to sell. Lush & private! Hurricane strong w/high elevation! Low maintenance w/this one-of-a-kind, stunning family home. Solid construction; a great room with a gorgeous fireplace & custom details all overlooking the glistening resort style pool, spa, decks & sprawling terraces. Low taxes, spring irrigation for the mature, hammock landscaping. City gas throughout home. Large estate w/ 4/5 Bedrooms, 3 Baths (5,732 sq ft under roof) a resort style pool, stunning waterfalls & hot tub w/ 400,000 BTU heater. Chefs kitchen, fish tank, celebrity dressing room, sprawling covered entertainment areas, gas fire pit, billiards, outdoor bar, tropical walkways to gaze at birds & butterflies are highlights of this treasured property. Black Point Marina, Florida Keys & The Grov

Facts

MLS#
R10804209
Subdivision
Palmetto Bay
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2002
Lot Size
37,462 ft²
Sq. Ft.
3,701 ft²
Sq. Mt.
344 m²
Price per sq. ft.
$539/ft²
Price per sq. mt.
$5,799/m²
Stories
1
Garage
3 spaces
Pool
Private
Days on Market
135 days
Listed
May 28, 2022
Last Updated
Jul 2, 2026
Price/Lot Sq.Ft.
$53/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palmetto Bay

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

19

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/2/2026Sold$1,995,000
9/14/2022Price change$1,995,000-16.9%
5/28/2022Listed for sale$2,400,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

8500 SW 182nd Terrace, Palmetto Bay FL 33157Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$12,431/mo

Principal & Interest

$10,618

Property Tax

$1,663

Insurance

$150

HOA

$0

20% ($399,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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